Financial Education - Principles of equality, morality and accounting procedure, with the exclusive public
Sharing content is one of the things that I like the most, and more because I allow myself to upload information about the exciting world of accounting, which allows me to talk about risk management or exercise of internal control as principles of equality, morality, efficiency, economy, speed, impartiality, publicity, or valuation of costs of any accounting procedure, unfortunately this kind of content has an exclusive audience and may not have many around here, but I will continue anyway because you never know when it will have value for someone.
Writing about how to conceive and organise the development of the functions of all the existing positions in the organisation implies carrying out a series of internal control accounting procedures as an accounting instrument to facilitate controls and guarantee the security of data related to company assets.
In this sense, I must emphasise that internal accounting control should not be limited to monitoring the legality and accuracy of business operations exclusively, but should also seek a broader purpose, i.e. to meet more important objectives as an instrument to speed up the economic and financial management processes of companies.
Accounting management aims to protect the resources of business entities, as it pursues their proper administration in the face of potential risks that may expose the economic and financial security of a given company.
Therefore, accounting management facilitates the correct execution of the functions and activities of business owners and senior management through procedures aimed at achieving the objectives established by a given business entity.
There is actually a need for us to constantly pay attention to our financial education because that is what we give us the freedom away from the financial stress and it is really necessary